Globalisation need not always be positiv e, it can have negative consequences for the people. Identify the statements true about Globalisation :A. Globalisation fundamentally deals with flows of ideas, capital, commodities and peopleB. It has emerged merely because of the availability of improved communicationsC. Globalisation results in worldwide interconnectednessD. It is a multidimensional conceptE. Globalisation does not reduce state capacityChoose the most appropriate answer from the options given below :a)A and E onlyb)A, C, D onlyc)C and D onlyd)B and E onlyCorrect answer is option 'B'. Can you explain this answer?

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Globalisation need not always be positiv e, it can have negative consequences for the people. Identify the statements true about Globalisation :
A. Globalisation fundamentally deals with flows of ideas, capital, commodities and people
B. It has emerged merely because of the availability of improved communications
C. Globalisation results in worldwide interconnectedness
D. It is a multidimensional concept
E. Globalisation does not reduce state capacity
Choose the most appropriate answer from the options given below :

a)
A and E only
b)
A, C, D only
c)
C and D only
d)
B and E only

Correct answer is option 'B'. Can you explain this answer?

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Globalisation need not always be positiv e, it can have negative conse...

At the most simple level, globalisation results in an erosion of state capacity, that is, the ability of government to do what they do.

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Read the passage given below and answer the questions that follows:While everything may not be known about the economic facets of globalisation, this particular dimension shapes a large part of the content and direction of contemporary debates surrounding globalisation. A part of the problem has to do with defining economic globalisation itself. The mention of economic globalisation draws our attention immediately to the role of international institutions like the IMF and the WTO and the role they play in determining economic policies across the world. Yet, globalisation must not be viewed in such narrow terms. Economic globalisation involves many actors other than these international institutions. A much broader way of understanding of economic globalisation requires us to look at the distribution of economic gains, i.e. who gets the most from globalisation and who gets less, indeed who loses from it. What is often called economic globalisation usually involves greater economic flows among different countries of the world. Some of this is voluntary and some forced by international institutions and powerful countries. As we saw in the examples at the beginning of this chapter, this flow or exchange can take various forms: commodities, capital, people and ideas. Globalisation has involved greater trade in commodities across the globe; the restrictions imposed by different countries on allowing the imports of other countries have been reduced. Similarly, the restrictions on movement of capital across countries have also been reduced. In operational terms, it means that investors in the rich countries can invest their money in countries other than their own, including developing countries, where they might get better returns.Q. Where does economic globalisation draw our attention to?

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Globalisation need not always be positiv e, it can have negative consequences for the people. Identify the statements true about Globalisation :A. Globalisation fundamentally deals with flows of ideas, capital, commodities and peopleB. It has emerged merely because of the availability of improved communicationsC. Globalisation results in worldwide interconnectednessD. It is a multidimensional conceptE. Globalisation does not reduce state capacityChoose the most appropriate answer from the options given below :a)A and E onlyb)A, C, D onlyc)C and D onlyd)B and E onlyCorrect answer is option 'B'. Can you explain this answer?

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